Home Mortgage

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Whether you’re looking for a place to call home, or you just want to spruce things up a bit — we’ve got the right team of home lenders to help you! Nebraska Energy Federal Credit Union mortgage loan officers are pros when it comes to Nebraska home loans and are here to assist you with every step you take toward your new place, starting with your loan options. Check our great lineup of loans below to learn more.

Mortgage Loan Disclosures

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*APR = Annual Percentage Rate. The maximum APR that may be imposed is 18%. Subject to credit approval. Rates and rebates subject to change without notice. Loan approval, based on creditworthiness and ability to repay. Other terms and conditions may apply. Advertised rates and terms are subject to change at any time without notice.

Property insurance required.

Contact credit union for mortgage lending area. Appraisals required on all purchases. Financing up to 80% of purchase price or appraised value, whichever is less. Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment.

ARM = Adjustable Rate Mortgage: Interest rate is variable. Subject to change after a predetermined period and may increase during the life of the loan.

Adjustable Rate Mortgage Payment Example/ 6 Year ARM (Payments do not include taxes or insurance premiums):

Periods

Rate %

Principle & Interest Payment

First 72 Months

2.500

$355.61

Following 72 Months

4.000

$416.09

Following 72 Months

5.500

$467.37

Following 72 Months

7.000

$505.83

Final 72 Months

8.500

$527.06

15, 20 and 30 Year Fixed Rate Mortgages are available on the secondary market. The Credit Union retains the servicing on these loans. Some restrictions apply. Subject to credit approval.

‡Closing costs include: Application Fee, Termite Inspection, Credit Report, and Flood Certification. Closing costs are waived initially but later charged if the loan is paid off prior to the 36 months.

Payment Example (Payments do not include taxes or insurance premiums):

$150,000 balloon mortgage loan with a 3.550% APR, the monthly payment will be $742.80 for 179 payments, with a balloon payment of $79,794.92 due in 15 years.

$100,000 mortgage loan with a term of 15 years, with a 3.55% APR, the monthly payment will be $717.51

$100,000 mortgage loan with a term of 20 years, with a 3.55% APR, the monthly payment will be $582.70

$100,000 mortgage loan with a term of 30 years, with a 3.55% APR, the monthly payment will be $452.01

Disclaimer

You are now leaving Nebraska Energy Federal Credit Union's website and are going to a website that is not operated by the credit union. Nebraska Energy Federal Credit Union is not responsible for the content or availability of linked sites.

Please be advised that Nebraska Energy Federal Credit Union does not represent either the third party or you, the member, if you enter into a transaction. Further, the privacy and security policies of the linked site may differ from those practiced by the credit union.

Buying a Home

We know that buying a home is a major deal. It can easily become overwhelming, but we've got the team to help you get through it. Let our experts sort through the stacks of information to provide you with the best solution for your financial situation.

Want to learn more about home buying? Get started by visiting our Home Center.